REI Lense

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$3,512 (target)

42 Quarter Staff Pl, Ocean Pines, MD 21811

3 beds • 2 baths • 1252 sqft

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This property looks like a bad Mid-Term investment with a projected -1.13% first-year return on $99,690 initial cash invested.

-1.13%

Cash On Cash

6.17%

Cap Rate

1.02

DSCR

$3,512

Rent

-$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,512 income − $3,606 expenses = $94 out of pocket

Income$3,512Out of Pocket$94Mortgage P&I$1,95456%Property Taxes$2357%Insurance$1494%HOA$762%Management$42112%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38611%

Investment Breakdown

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Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,690

Downpayment

20%

$77,800

Closing costs

1%

$3,890

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,512

Total Expenses

$3,606

Mortgage P&I

56%

$1,954

Property Taxes

7%

$235

Home Insurance

4%

$149

HOA

2%

$76

Property Management

12%

$421

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$386

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